Rogoff, that paragon of economic wisdom, took to X (formerly Twitter) to confess his blunder. “I was wrong,” he said, as if the earth had suddenly stopped spinning. His error? Believing that governments would ever regulate Bitcoin sensibly. 🧠 A noble goal, but alas, the U.S. seems more inclined to dance with the devil than to rein him in. 🕺
July’s $XPL presale was so chaotic, people deposited $1B just to *qualify*. Retail investors? Yeah, we were busy Googling “how to stop a whale from eating my savings.” 🐋💸
After the price crash below $3, crypto analyst SiDec explained that XRP is now seeking to take out more sell-side liquidity. As explained, this sell-side liquidity is where there are a lot of stop-losses placed by leverage traders, as well as buy orders at the same level. These are usually lying below swing lows and present a perfect opportunity for a sweep. 🧙♀️
CryptoPotato, in its infinite wisdom, informed us over the weekend about this monumental occasion: the Pi Network Hackathon. For those unfamiliar, imagine a circus where developers juggle code instead of clubs, all while competing for tokens that may one day buy you… well, something worth buying. Perhaps coffee?
Ah, Ethereum (ETH), the darling of the crypto world, once soared to nearly $4,800 earlier this month, only to tumble like a drunken peasant to $4,250. Yet, while the masses wailed and gnashed their teeth, the whales-those cold, calculating beasts-saw opportunity. 🍴🐋
And why not? After all, what better time to dive headfirst into high-risk investments than during a market downtrend fueled by concerns over rising US inflation? Truly, humans have a knack for finding excitement in chaos. Or maybe they’re just really bad at reading the room. 🐴🔥
Which begs the question: was this entire “altcoin season” just a very elaborate collective hallucination? Seriously.
Hold your horses! Remember when Bullish, that oh-so-modern digital asset platform, did that earth-shattering thing on August 19th-announcing its IPO proceeds would be all about RLUSD, a cool $1.15 billion to be exact? Sit tight because it was the first-ever public listing using a stablecoin for settlement. Go, RLUSD! Celebrations, sparklers, a standing ovation? Well, yeah… for a bit.
Most larger-cap alts are chilling like they’re on a beach, but BNB? It’s out here breaking records like it’s 2017 again! 🚀 Meanwhile, OKB is the crypto equivalent of a magician-*poof*! 50% in a day. 🎩🐇
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